AWS is raising key AI cloud prices by 20%, after a 15% price increase in January. Soaring memory chip costs and strong AI demand is driving higher pricing for cloud customers.
Apple (NASDAQ: AAPL | AAPL Price Prediction) and Amazon (NASDAQ: AMZN) both posted record quarters, then collided with opposing forces: AI memory demand.
During the past month, the ETF market has seen a wave of excitement surrounding a concentrated group of companies. While investors still want exposure to the tech giants that have dominated the past few years, the successful launch of SpaceX in early June created widespread anticipation for planned IPOs like Anthropic and OpenAI.
Here's some news you don't see every day: On Thursday, Apple raised the prices on several of its best-selling products, including Mac desktops, MacBooks, iPads, and HomePod devices. (See below for a listing of those products.
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is becoming too volatile for comfort. A selloff that began on Monday gathered momentum throughout the week, rippling through markets from Seoul to Silicon Valley.
Apple (NASDAQ: AAPL | AAPL Price Prediction) is raising prices on its Macs and iPads (as well as the Vision Pro) by between $100 and $500.
Apple is raising prices up to 20% on products it's currently selling, reported the Wall Street Journal. This unprecedented move is a result of soaring prices of some computer memory chips – which are forecast to rise 355% this year – driven by huge demand from AI data centers which are the most profitable place for memory makers to allocate their scarce capacity.
Futures are pointing to a lower open for major indexes as chip and memory stocks come under renewed selling pressure; Apple shares are up slightly after a sell-off yesterday fueled by news the company had raised prices on several products amid a surge in memory costs; SpaceX shares are losing ground ahead of the bell after closing at a post-IPO low on Thursday; On Semiconductor shares are down sharply after the company announced a deal to buy fellow chipmaker Synaptics, whose stock is surging; and bitcoin remains under $60,000, trading at its lowest levels since late 2024. Here's what you need to know today.
Two of the largest companies on the planet are both in drawdowns, but the dips look nothing alike.
Tata Electronics, a key Indian supplier to Apple , has restricted internal access to sensitive systems as it investigates a leak of thousands of secret client files on the dark web, a Tata source and two industry officials said.
Asian markets are learning that the AI boom has a price tag. A week that began with record highs ended with investors questioning whether surging demand for memory chips is becoming an inflation problem for technology buyers.
Apple increased MacBook and iPad prices by 20% due to worldwide demand for AI-driven chips. Xbox raised prices by up to $150, citing a memory chip shortage driven by AI infrastructure needs.